Ways To Give

With your support, we are changing and saving lives every day.

Your gift to Eastern Long Island Hospital supports vital education programs, provides high-quality care to members of the community, and ensures that we all benefit from the latest technological advances in medical equipment.

Supporting Eastern Long Island Hospital has never been easier. We invite you to contribute in any of the following ways. Your gift may also be designated toward a specific department or service area of your choice.

Cash/Pledges

Choose to make a one-time gift of cash, or consider a larger gift by extending your contribution over a multi-year pledge period.

You can help sustain and strengthen Eastern Long Island Hospital’s work by making a convenient monthly gift. You choose the recurring amount you wish to give when you make your secure donation online. You can change the amount or cancel at any time. Each month your contribution is processed through your credit card. We’ll send you an annual statement in January summarizing your tax-deductible gift.

Appreciated Securities

A gift of appreciated securities allows you to make a more substantial contribution while enjoying significant tax advantages. The donor may avoid capital gains tax and be eligible for an income tax deduction equal to the fair market value of the stocks (if held for over one year). For information, please contact Linda Sweeney, Executive Director, Foundation/Community Relations, 631.477.5164.

Real Estate/Tangible Property

Gifts of real estate and tangible property can offer similar tax advantages as appreciated securities, though certain restrictions may apply.

Planned Gifts

You can help secure Eastern Long Island Hospital’s ability to serve the community for years to come by including Eastern Long Island in your estate plan. In addition to benefiting Eastern Long Island Hospital and its work, these types of gifts often provide significant financial benefits for the donor.

There are three common types of planned gifts:

Bequests

Including Eastern Long Island Hospital n your will is one of the simplest forms of planned giving. You may choose to bequeath cash, a particular asset, or a percentage of your estate. If you have included us in your will, please let us know so we can recognize you in our Eastern Long Island Foundation Stirling Society

Gift Annuities

Gift annuities offer tax benefits while providing a steady income stream to you. Based on the value of your gift, your age, current rates of return, etc., you will receive fixed payments on a regular basis for the rest of your life. A portion of that payment is tax-free, and in most cases, you can enjoy additional tax benefits right away.

Charitable Remainder Trust (CRT)

A CRT is a great way to make a significant gift to Eastern Long Island Hospital, reduce or avoid capital gains and estate taxes, and enjoy a steady income stream. With a CRT, your assets go into a trust now, and the trust pays a corresponding dollar amount to you or the beneficiary of your choice over an established period of time. At the end of that period, the remaining asset is transferred to the Foundation.

These are just a few of the ways you can include Eastern Long Island Hospital in your gift planning. We invite you or your financial advisor to contact Linda Sweeney, Executive Director Foundation/Community Relations for more information about giving options at 631.477.5164 or by email at linda.sweeney@elih.org